Profitable Haulage & Courier Business in Hull Up For Sale, Potential for Expansion
Hull, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
613871
- Reference
B08125 / Rightbiz
- Call Agent:
- Leasehold: £575,000
- Turnover: £730,000 (£14,038 per week)
- Profit: £92,264 (13% Profit margin)
Business Details
Well Established Haulage & Courier Business For Sale
BusinessPlease quote reference B08125
CoGoGo is delighted to welcome to the market a profitable courier & haulage business for sale in Hull.
Established in 1999 by our esteemed clients, Speedway Couriers has grown into a leading name in the courier and haulage industry. This successful business, based in Hull, has been brought to the market as the owner seeks a well-deserved retirement.
With a comprehensive range of services and an impeccable reputation, Speedway Couriers presents an excellent opportunity for a new owner to step into a thriving operation with substantial growth potential.
Services Offered:
- Same Day Couriers
- Overnight Delivery
- International Shipping
- Vehicle and Driver Hire
- Temporary Storage Solutions
- Transit Insurance
Despite its current success, Speedway Couriers holds significant potential for further growth. An incoming owner could expand the business's geographical reach by opening additional depots or branches in other strategic locations. Investing in advanced logistics and tracking technology could enhance operational efficiency and attract tech-savvy clients. Additionally, expanding the fleet to include more eco-friendly vehicles could appeal to environmentally conscious customers and align with global sustainability trends.
Another avenue for growth lies in diversifying the service offerings. Introducing specialised courier services for niche markets, such as medical or high-value goods, could open up new revenue streams. Leveraging digital marketing strategies and enhancing the online presence can also attract a broader customer base and increase brand visibility.
Speedway Couriers represent a rare opportunity to acquire a profitable and well-established courier and haulage business with a strong foundation and vast potential for expansion. With a large fleet of Sprinter/Transit vans excellent facilities, a loyal client base, and a comprehensive range of services, the business is primed for continued success. The new owner can capitalise on the existing strengths while exploring various growth opportunities to take Speedway Couriers to new heights.
This is an ideal investment for anyone looking to enter the logistics sector or expand their current operations with a reputable thriving enterprise.
Location
The strategic location in Hull further enhances the business's logistical efficiency, enabling swift access to major transport routes.
Premises
The business operated a large fleet of articulated Sprinter/Transit vans, ensuring they could handle a wide variety of haulage requirements. This extensive fleet is housed in two large warehouse units, providing ample space for vehicle storage and maintenance. These facilities are not only well-equipped to support current operations but also offer significant room for expansion.
Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place.
The current rent for both industrial units is £1,750 per month.
Hours
Due to the nature of the business, they operate 24/7.
Staff
This business is run and managed by our client with the help of 12 members of staff.
Financial Profile
This business generated a turnover of £730,000 during 2023/2024. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Advert Statistics Graph
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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